Archives for May 2018

Devere Group, an international financial consultancy boasting well over 80,000 clients in more than 100 countries, has announced that Bitcoin Cash (BCH) and EOS have now been added its recently released cryptocurrency exchange app Devere Crypto.
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Crypto Portfolio Diversification
This latest addition to the app means that users of the service, which also supports fiat USD, … [Read more...] about Devere Group Adds Bitcoin Cash and EOS to Crypto Exchange App

Seattle-based cryptocurrency exchange Bittrex Inc. has established a formal agreement with Signature Bank in New York to allow corporate clients in specific states to purchase virtual tokens using USD. The move is designed to increase the amount of institutional capital making its way through the crypto space.Chief executive officer of Bittrex Bill Shihara says the exchange has been working on this partnership for months. “It’s been a long path,” … [Read more...] about Bittrex Lands Bank Agreement to Help Customers Buy Bitcoin With Dollars

Huobi, the third largest crypto exchange by 24-hour trading volume, is reportedly setting up an office in Brazil. According to reports in Portal du Bitcoin, representatives of Huobi were seen distributing business cards during Bitconf, a major cryptocurrency conference held in São Paulo, Brazil, on May 5-6, 2018.The Singapore-based exchange has yet to make an an official statement on the matter, but according to Portal du Bitcoin, which broke the … [Read more...] about Crypto Exchange Huobi Quietly Opens Office in Brazil and Starts Hiring

If there’s a sacred line the crypto community insists shouldn’t be crossed, it’s Thou Shalt Never Cooperate with Government Prohibitions. Apple Inc., the world’s most valuable company, appears to have ventured into such territory, according to Telegram’s founder Pavel Durov. He claims the maker of iPhone, iPad, and other iconic hardware, is purposefully restricting Telegram’s program updates on Apple’s latest operating system rollout in an effort … [Read more...] about Apple Sides with Russian Govt, Restricts Telegram, Claims Pavel Durov

After days of sudden, strong selling, bitcoin has managed to find a local bottom in the low $7000s where it has been drifting around aimlessly. As many traders on Twitter have noted, we have formed a large consolidation pattern called a symmetrical triangle (outlined in red):Figure 1: BTC USD, 1-Day Candles, Macro Symmetrical TriangleSymmetrical triangles are consolidation patterns that are typically agnostic regarding their breakout direction. … [Read more...] about Bitcoin Price Analysis: Consolidation Leans Toward a Strong Bitcoin Move